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855 DANFORTH Avenue Image 1

$59,000

$65,000
9.2% dropped

Last price change 13 hours ago

Mar 2Sale Of Business For Sale
bedroomsbed
washrooms0bath
MLS - #E11995718

855 DANFORTH Avenue, Toronto E01, ON M4J 1L8

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Average Price
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Price Comparison

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Property Description

Property type

Sale Of Business

Lot size

N/A

Style

Approx. Area

N/A

About 855 DANFORTH Avenue

This well-established dry cleaner is an excellent opportunity to take on a turnkey business and start generating revenue immediately. Current revenue is positive cashflow! This one-person operating business offers a couple of income sources, dry cleaning AND tailoring services. Now is the ideal time to capitalize on clients needing coat cleaning and repairs! Located in a high-traffic area with excellent visibility and easy access at the intersection of Danforth and Jones, the business is ideally positioned for both walk-in customers and quick pick-up/drop-off service. Renovated 700 Sq Ft unit with new drywalls and fresh paint offering a clean and inviting environment, improved machinery ensuring efficient and high-quality service, advanced security cameras for peace of mind, and a stable client base of over 6,000 customers ensuring steady and recurring revenue. A 2+5 years is remaining on the lease agreement. Rent is of $3,000 Gross (including TMI, water & gas). This is a rare opportunity to acquire a well-maintained and secure business.

Home Overview

Last updated

13 hours ago

Virtual tour

None

Basement information

Building size

700

Status

In-Active

Property sub type

Sale Of Business

Maintenance fee

$N/A

Year built

--

Listed by CENTURY 21 LEADING EDGE REALTY INC.

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Closed
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for 855 DANFORTH Avenue

Some information about this property - DANFORTH Avenue

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